| Users Online Now: 2,220 (Who's On?) | Visitors Today: 787,970 | |
| Pageviews Today: 1,298,447 | Threads Today: 518 | Posts Today: 8,988 |
| 01:18 PM | ||
| Users Online Now: 2,220 (Who's On?) | Visitors Today: 787,970 | |
| Pageviews Today: 1,298,447 | Threads Today: 518 | Posts Today: 8,988 |
| 01:18 PM | ||
Citigroup Warns Customers It May Refuse To Allow Withdrawals | |
| Anonymous Coward User ID: 896202  United States02/20/2010 12:14 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward (OP) User ID: 896202 United States02/20/2010 12:16 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 889827 United States02/20/2010 12:20 PM Report Abusive Post Report Copyright Violation | |
lil*miss  User ID: 887743  Canada02/20/2010 12:21 PM Report Abusive Post Report Copyright Violation | Well, isn't that nice. They want seven days notice to give you your own money...what's next, a permission slip from Mom? Banks need a reality check, and soon. Hopefully, people will start exercising their opinions with their wallet. Take your money to a credit union, or stick it in a sock under the mattress!  |
| TexasMan User ID: 871503 United States02/20/2010 12:23 PM Report Abusive Post Report Copyright Violation | Let's hope this isn't a trend in the making... Quoting: Anonymous Coward 896202Actually...lets hope it is a trend that starts. Then people will take their money out of the big banks and put it in to the small community banks and we can then tell all the big bankster crooks to kiss our royal asses |
| Anonymous Coward User ID: 773978 United States02/20/2010 12:25 PM Report Abusive Post Report Copyright Violation | |
| Monarch User ID: 895609 United States02/20/2010 12:25 PM Report Abusive Post Report Copyright Violation | Citi Bank, JP Morgan and BOA were all involved in restructuring China's economy back about 4-5 years ago. I wonderwhere their true loyalties lie?  John 3:16 (Amplified Bible) “For God so greatly loved and dearly prized the world that He [even] gave up His only begotten ([a]unique) Son, so that whoever believes in (trusts in, clings to, relies on) Him shall not perish (come to destruction, be lost) but have eternal (everlasting) life. A prudent person foresees the danger ahead and takes precautions;the simpleton goes blindly on and suffers the consequences-Proverbs22:3 <>< [link to www.teslasociety.com] U.S. Supreme Court decision (Case #369 decided June 21, 1943) [link to www.ntesla.org] |
| Anonymous Coward User ID: 779557 United States02/20/2010 12:26 PM Report Abusive Post Report Copyright Violation | Let's hope this isn't a trend in the making... Quoting: TexasManActually...lets hope it is a trend that starts. Then people will take their money out of the big banks and put it in to the small community banks and we can then tell all the big bankster crooks to kiss our royal asses then the big banks will just buy up all the small banks. the whole system has to be taken down. |
| Anonymous Coward User ID: 582017 United States02/20/2010 12:28 PM Report Abusive Post Report Copyright Violation | Let's hope this isn't a trend in the making... Quoting: TexasManActually...lets hope it is a trend that starts. Then people will take their money out of the big banks and put it in to the small community banks and we can then tell all the big bankster crooks to kiss our royal asses As citi banks are the ones starting this as goes the community banks/credit unions. |
| Anonymous Coward User ID: 508527 United States02/20/2010 12:28 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 825489 United States02/20/2010 12:29 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 519048  Netherlands02/20/2010 12:29 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 776016  United Kingdom02/20/2010 12:29 PM Report Abusive Post Report Copyright Violation | Let's hope this isn't a trend in the making... Quoting: TexasManActually...lets hope it is a trend that starts. Then people will take their money out of the big banks and put it in to the small community banks and we can then tell all the big bankster crooks to kiss our royal asses  to that. If we all did this, the banksters would soon come to heel. |
| Falconia User ID: 830128 United States02/20/2010 12:30 PM Report Abusive Post Report Copyright Violation | |
| TexasMan User ID: 871503 United States02/20/2010 12:31 PM Report Abusive Post Report Copyright Violation | Let's hope this isn't a trend in the making... Quoting: Anonymous Coward 779557Actually...lets hope it is a trend that starts. Then people will take their money out of the big banks and put it in to the small community banks and we can then tell all the big bankster crooks to kiss our royal asses then the big banks will just buy up all the small banks. the whole system has to be taken down. Nothing could be further from the truth. The only way this economy will be fixed and america can once again be a country of true "free enterprise" is if we get back to the basics of community first...bring back the manufacturing jobs...and empose term limits on the political crooks. It all starts with the local communities and that means supporting mom and pop rather than the corporate scam artists. |
| Anonymous Coward User ID: 891684 United States02/20/2010 12:32 PM Report Abusive Post Report Copyright Violation | |
| awthrawthr User ID: 896169 United States02/20/2010 12:34 PM Report Abusive Post Report Copyright Violation | The image of banks locking their doors to keep customers from making withdrawals during a bank run is what immediately came to mind when we heard that Citigroup was telling customers it has the right to prevent any withdrawals from checking accounts for seven days. Quoting: Anonymous Coward 896202"Effective April 1, 2010, we reserve the right to require (7) days advance notice before permitting a withdrawal from all checking accounts. While we do not currently exercise this right and have not exercised it in the past, we are required by law to notify you of this change," Citigroup said on statements received by customers all over the country. What's going on? It seems that this is something of an error. The seven day notice policy only applies to customers in Texas, Ira Stoll reports at The Future of Capitalism. It was accidentally included on customer statements nationwide. "Whatever the explanation, it doesn't exactly inspire confidence in Citi," Stoll writes. "But it's hard to believe a bank would be sending out a notice like that on its statements." [link to www.businessinsider.com] What a huge error for a bank that's already being kept alive solely due to its criminal friends. If that came in the mail on Friday, there could be a lot of Citibank customers withdrawing their money on Monday. IOW, don't worry about the April 1st notice, because they might not make it that far. The new DOOM date has just been moved up. Got pain? Free relief. [link to lowerpain.org] |
| Anonymous Coward User ID: 896166 United States02/20/2010 12:37 PM Report Abusive Post Report Copyright Violation | |
| Dread Pirate Roberts User ID: 896221 United States02/20/2010 12:37 PM Report Abusive Post Report Copyright Violation | Well, isn't that nice. Quoting: lil*missThey want seven days notice to give you your own money...what's next, a permission slip from Mom? No, a written explanation of why you want the money. "From that time Jesus began to preach and say, "Repent, for the kingdom of heaven is at hand." Matthew 4:17 |
| Anonymous Coward User ID: 890942 United States02/20/2010 12:38 PM Report Abusive Post Report Copyright Violation | The image of banks locking their doors to keep customers from making withdrawals during a bank run is what immediately came to mind when we heard that Citigroup was telling customers it has the right to prevent any withdrawals from checking accounts for seven days. Quoting: Anonymous Coward 896202"Effective April 1, 2010, we reserve the right to require (7) days advance notice before permitting a withdrawal from all checking accounts. While we do not currently exercise this right and have not exercised it in the past, we are required by law to notify you of this change," Citigroup said on statements received by customers all over the country. What's going on? It seems that this is something of an error. The seven day notice policy only applies to customers in Texas, Ira Stoll reports at The Future of Capitalism. It was accidentally included on customer statements nationwide. "Whatever the explanation, it doesn't exactly inspire confidence in Citi," Stoll writes. "But it's hard to believe a bank would be sending out a notice like that on its statements." [link to www.businessinsider.com] Well you know what I am going to make them wait seven days past the due date to pay on my Citi Card account. Karma |
| Anonymous Coward User ID: 748620 United Kingdom02/20/2010 12:39 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 896166 United States02/20/2010 12:39 PM Report Abusive Post Report Copyright Violation | |
| RedSheDevil User ID: 641806 Canada02/20/2010 12:42 PM Report Abusive Post Report Copyright Violation | Let's hope this isn't a trend in the making... Quoting: TexasManActually...lets hope it is a trend that starts. Then people will take their money out of the big banks and put it in to the small community banks and we can then tell all the big bankster crooks to kiss our royal asses The problem is that no bank would be safe.. credit unions or the like they will all follow suit.. April 1 2010.. taxation due April 15.. coincidence?????? sounds like they are gearing up from something.. not just citi would be my guess.. but if they fall then others will in soon order.. the too big to fail falls harder... Last Edited by RedSheDevil on 02/20/2010 12:43 PM I really am not nearly as interesting as I should be but I certainly will try to find interest in nearly everything I can be. self quote. |
| Anonymous Coward User ID: 887648 United States02/20/2010 12:42 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward (OP) User ID: 896202 United States02/20/2010 12:42 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 798520 United States02/20/2010 12:42 PM Report Abusive Post Report Copyright Violation | (3) Demand deposit does not include: (i) Any account that is a time deposit or a savings deposit under this part; (ii) Any deposit or account on which the depository institution has reserved the right to require at least seven days' written notice prior to withdrawal or transfer of any funds in the account and either-- (A) Is subject to check, draft, negotiable order of withdrawal, share draft, or similar item, such as an account authorized by 12 USC 1832(a) ("NOW Account") and a savings deposit described in § 204.2(d)(2), provided that the depositor is eligible to hold a NOW account; or [link to www.fdic.gov] |
| Andromeda User ID: 852424 United States02/20/2010 12:42 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward (OP) User ID: 896202 United States02/20/2010 12:43 PM Report Abusive Post Report Copyright Violation | |
| TexasMan User ID: 871503 United States02/20/2010 12:44 PM Report Abusive Post Report Copyright Violation | If anyone is truly interested in what they can do to combat the fascism that is quickly engulfing the United States listen to Gerald Celente. He is spot on about how to fix this mess we are in. There is no other way. And yes...we are quickly turning into a fascist state..not a socialist country as so many misguided souls believe. Fascism is the merger of state and corporate powers and that is exactly what is happening. On a side note..it has been reported that wal-mart had a bad quarter. ABSOLUTELY FRICKING WONDERFUL. Maybe the sheeple are starting to wake up and we can send all that made in china crap back where it belongs. MADE IN AMERICA is the only way to go. |
| Anonymous Coward User ID: 701482 United States02/20/2010 12:44 PM Report Abusive Post Report Copyright Violation | Well, isn't that nice. Quoting: Dread Pirate RobertsThey want seven days notice to give you your own money...what's next, a permission slip from Mom? No, a written explanation of why you want the money. that is what would steam me.. but when i closed out a cd from citi last year they really pressured me to stay and open checking etc. then the rep asked what do you plan to do with the money? I said why do you need to know what i'm going to do with my money? I was getting pissed off at that point and then she goes on to all the other products and funds..I just said I am remodeling my kitchen and need it now. of course that was not true. i would like to see banks siuupply customers with a detailed account as what they are doing with depoositors money and depositors should say hey i don;t want you doing that with my money..(like bad home loans) |
| TexasMan User ID: 871503 United States02/20/2010 12:48 PM Report Abusive Post Report Copyright Violation | Let's hope this isn't a trend in the making... Quoting: RedSheDevilActually...lets hope it is a trend that starts. Then people will take their money out of the big banks and put it in to the small community banks and we can then tell all the big bankster crooks to kiss our royal asses The problem is that no bank would be safe.. credit unions or the like they will all follow suit.. April 1 2010.. taxation due April 15.. coincidence?????? sounds like they are gearing up from something.. not just citi would be my guess.. but if they fall then others will in soon order.. the too big to fail falls harder... Once again..this is untrue as far as credit unions and other banks. You support your local small bank. Put your money there. Citibank is just big and big does'nt mean better. |
